In 2018, HTC has the lowest income for 16 years

By: Eugene Sherban | 11.04.2018, 13:50

For HTC financial reports, it's time to start a separate mini-heading in   spirit of " you   there hold fast. " According to the latest report this quarter   - the most unsuccessful in   income plan for   the last 16 years.

More digits

HTC reported   that in   March of this year, the turnover was about 95   million   dollars, it's on   46.7% less than it was in   March last year. Total revenue in   the first quarter of 2018 was about $ 300   million. This is almost   2 times less than in   last quarter and   generally the worst period for   the last 16 years.

Forecast

Analysts and   astrologers predict for the company one more month of suffering, while   the market does not   will release a new smartphone HTC U12 and   helmet virtual reality HTC Vive Pro. It will happen in   mid-late April. Then the company's turnover should grow to   $ 340   million

How do u do   HTC

AT   shaky financial position of HTC is already several years. For example, HTC's revenue for   December 2017 in   compared to   December 2016 fell on the   15.3%. A   this is minus $ 116.12   million profit. Almost immediately after that, the Taiwanese company sold part of Google's own assets for   $ 1.1   billion A   at   February 2018 Head of the mobile unit HTC Chiling Chang filed in   resign and   went to   free swimming   startup.

Source: DigiTimes